MMP Industries Ltd. (IN:MMP)
:MMP
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MMP Industries Ltd.
(MMP)
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Rating:62Neutral
Price Target:
₹272.00
▲(0.02% Upside)
Action:ReiteratedDate:04/01/26
The score is mainly supported by solid financial performance (growth and profitability with a stable equity base), but is held back by weak cash-flow quality and rising leverage. Technicals are notably bearish with a strong downtrend and negative momentum, while valuation appears reasonable and provides partial support.
Positive Factors
Revenue Growth
MMP has delivered strong top-line expansion (≈26.8% revenue growth), indicating durable demand or expanding market share in aluminum. Sustained revenue growth over multiple periods supports capacity utilization, scale economics and future reinvestment, underpinning longer-term profitability.
Negative Factors
Weak Cash Conversion
Recent significant declines in operating cash flow and weak conversion of net income into free cash flow signal structural cash-generation issues. If cash conversion does not improve, the company may rely on external financing for capex, dividends or growth, reducing fiscal flexibility long term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
MMP has delivered strong top-line expansion (≈26.8% revenue growth), indicating durable demand or expanding market share in aluminum. Sustained revenue growth over multiple periods supports capacity utilization, scale economics and future reinvestment, underpinning longer-term profitability.
Read all positive factors
MMP Industries Ltd. (MMP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.37B
Dividend Yield0.78%
Average Volume (3M)17.08K
Price to Earnings (P/E)14.0
Beta (1Y)1.51
Revenue Growth26.80%
EPS Growth-37.20%
CountryIN
Employees432
SectorBasic Materials
Sector Strength58
IndustryAluminum
Share Statistics
EPS (TTM)4.50
Shares Outstanding25,402,613
10 Day Avg. Volume16,142
30 Day Avg. Volume17,078
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)2.10
Price to Sales (P/S)0.98
P/FCF Ratio-13.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MMP Industries Ltd. Business Overview & Revenue Model
Company Description
MMP Industries Limited manufactures and sells aluminum products in India. It operates through Aluminium Powder and Pastes, Aluminium Conductor, and Others segments. The company offers pyro, flake, and atomized aluminum powders primarily for use in...
How the Company Makes Money
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MMP Industries Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.20B | 6.92B | 5.78B | 5.38B | 4.48B | 2.31B |
| Gross Profit | 1.37B | 1.03B | 503.07M | 811.86M | 824.01M | 540.96M |
| EBITDA | 611.48M | 648.73M | 475.61M | 358.51M | 424.04M | 270.47M |
| Net Income | 221.32M | 388.75M | 316.40M | 213.21M | 289.86M | 174.48M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 5.49B | 4.35B | 3.58B | 3.35B | 2.72B |
| Cash, Cash Equivalents and Short-Term Investments | 109.81M | 109.81M | 3.72M | 20.45M | 2.29M | 50.56M |
| Total Debt | 0.00 | 1.56B | 932.24M | 575.63M | 521.50M | 295.05M |
| Total Liabilities | -3.23B | 2.26B | 1.46B | 1.01B | 971.71M | 626.96M |
| Stockholders Equity | 3.23B | 3.23B | 2.89B | 2.57B | 2.38B | 2.09B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -495.33M | -8.89M | 23.36M | -309.60M | -264.44M |
| Operating Cash Flow | 0.00 | 24.91M | 427.50M | 328.33M | 189.64M | 114.70M |
| Investing Cash Flow | 0.00 | -511.31M | -417.35M | -238.40M | -194.88M | -269.88M |
| Financing Cash Flow | 0.00 | 47.63M | -26.74M | -71.86M | 3.59M | -14.25M |
MMP Industries Ltd. Technical Analysis
Positive
271.95
Price Trends
234.82
Positive
244.34
Positive
259.31
Negative
Market Momentum
5.09
Negative
63.48
Neutral
91.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MMP, the sentiment is Positive. The current price of 271.95 is above the 20-day moving average (MA) of 222.52, above the 50-day MA of 234.82, and above the 200-day MA of 259.31, indicating a neutral trend. The MACD of 5.09 indicates Negative momentum. The RSI at 63.48 is Neutral, neither overbought nor oversold. The STOCH value of 91.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MMP.
MMP Industries Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ₹6.37B | 14.02 | ― | 0.78% | 26.80% | -37.20% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹14.04B | 215.61 | ― | ― | 12.14% | 211.15% | |
59 Neutral | ₹8.69B | 77.24 | ― | ― | -0.21% | -18.99% | |
58 Neutral | ₹7.01B | 20.52 | ― | 3.24% | -5.23% | -56.30% | |
57 Neutral | ₹3.86B | 24.26 | ― | ― | 27.49% | 151.36% | |
43 Neutral | ₹3.30B | -4.16 | ― | 5.02% | 13.11% | -867.88% |
* Basic Materials Sector Average
IN:MMP
MMP Industries Ltd.
256.25
26.45
11.51%
IN:GOACARBON
Goa Carbon Limited
374.10
-95.80
-20.39%
IN:KUANTUM
Kuantum Papers Limited
81.88
-20.66
-20.15%
IN:MAANALU
Maan Aluminium Limited
163.25
78.01
91.52%
IN:MAHASTEEL
Mahamaya Steel Industries Ltd.
847.90
586.20
224.00%
IN:MANORG
Mangalam Organics Ltd
455.75
48.05
11.79%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.